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First Community Bank
Account Information - Checking and Savings

NOW ACCOUNT

The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account daily. Interest begins to accrue on the business day you deposit noncash items (i.e., checks). Interest is compounded monthly and credited on the last day of each month. If you close your account before the interest is credited, you will not receive the accrued interest. We will use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

The minimum deposit to open this account is $1,000.00. You must maintain a minimum balance of $1,000.00 in the account each day to obtain the annual percentage yield listed above. If you fail to maintain the minimum balance of $1,000.00 each day, a service charge of $5.00 will be imposed. The days your account balance is less then $1,000.00, no interest will accrue. The minimum amount of interest which will be paid each month must exceed $1.00. There is no limit to the number if checks or deposits with this account. Check images are included with your monthly statement.

PREMIER MONEY MARKET ACCOUNT

The Premier Money Market Account is an interest-bearing account. The annual percentage rate on the account varies depending on the balance in the account. The minimum deposit to open this account is $2,500.00. You must maintain the minimum balance indicated on the tier to obtain the corresponding APY. If you fail to maintain a minimum balance if $2,500.00 each day, a service charge of $5.00 will be imposed. The tiered balances and corresponding APYs are as follows: (Please refer to our Current Deposit Rates section.)

Interest is compounded monthly and credited on the last day of each month. We will use the daily balance method to calculate the interest on your account. If you close your account before the interest is credited, you will not receive the accrued interest. The days your account is below the minimum balance, no interest will accrue. The minimum amount of interest which will be paid each month must exceed $.10. The number of checks/withdrawals is limited to 6 per month. There is no limit to the number of deposits. Check images are included with your monthly statement.

REGULAR CHECKING ACCOUNT

The minimum deposit to open this account is $100.00. No interest is paid on this account. If the balance in this account remains above $400.00 throughout the month, no service charge will be made. If, however, the balance falls below $400.00 during the month, a service charge of $5.00 will be made to the account when the monthly statement is printed. There is no limit to the number of checks or deposits with this account. Check images are included with your monthly statement.

BUDGET CHECKING ACCOUNT

The minimum deposit to open this account is $100.00. No interest is paid on this account. There is no minimum balance required. The monthly service charge for this account will be $2.00 per month. The first 10 checks/debits are free; after 10 there is a $0.25 per check/debit fee. Check images are included with your statement; local accounts are available at the bank.

STUDENT CHECKING ACCOUNT

Same as Regular Checking Account except no minimum balance is required and the $5.00 monthly service charge is waived for full-time high school and college students.

ETA (Electronic Transfer Account)

Special account to accept Federal benefit, wage, salary & retirement payments. Subject to (4) cash withdrawals and (4) balance inquiries per month. $3.00 per month fee.

No minimum balance required. No interest is paid on this account. Monthly Statement provided. ATM/POS card not available for this account. All withdrawals are over-the-counter transactions.

PASSBOOK SAVINGS ACCOUNT

Interest begins to accrue on the business day you deposit noncash items (i.e., checks). Interest is compounded quarterly and credited on the last day of February, May, August, and November each year. If you close your account before the interest is credited, you will not receive the accrued interest. In order for the interest to be credited to your account, the interest accrued must exceed $1.00. We use a daily periodic rate to the principal in the account each day. At our discretion, we may change the interest rate for your account at any time. The minimum deposit to open this account is $100.00, except for minor accounts (under 18 years of age) which is $10.00.

A passbook savings account is subject to a monthly service charge of $5.00 if the average balance is less than $1000.00. This does not apply to minor accounts. Federal regulations require that we limit the number of withdrawals made from a passbook savings account in one month. A maximum of three withdrawals may be made without a service charge being imposed. If the number of monthly withdrawals exceeds the maximum of three, a $3.00 service charge will be made to the account. No limit is placed on the number of deposits made.

Please note: For an account to be considered active and able to avoid check cashing fees, an average balance of $100.00 must be maintained during the year.

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